Bearing Traders (India) Private Limited

Trading precision bearings for various industries since 1997.

1997 | Delhi (India) | Active
Last Updated: December 27, 2024

Bearing Traders (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.63 Cr
  • Satisfied Charges ₹ 4.00 Cr
  • Revenue Growth 23.88%
  • Profit Growth 95.52%
  • Ebitda 50.86%
  • Net Worth 52.89%
  • Total Assets 11.63%

About Bearing Traders (India)

Bearing Traders (India) Private Limited (BTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 April 1997 and has a history of 27 years and ten months. Its registered office is in Delhi, India.

The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹37.63 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Jain, Prem Jain, Parul Jain, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U99999DL1997PTC086774

  • Company No.

    086774

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering

What products or services does Bearing Traders (India) Private Limited offer?

Bearing Traders (India) Private Limited offers a wide range of products and services, including Ball Bearings and Bearing Assemblies, Industrial Bearings, Ball Bearings, Automotive Bearings, Truck Wheel Bearings, Metal And Non Metal Bearing, Stainless Steel Bearings, Roller Bearings.

Who are the key members and board of directors at Bearing Traders (India)?

Board Members (5)

NameDesignationAppointment DateStatus
Manish Jain Country flag representing In Director 21-Apr-1997Current
Prem Jain Country flag representing In Director 21-Apr-1997Current
Parul Jain Country flag representing In Director 01-Apr-2000Current
Reena Jain Country flag representing In Director 01-Apr-2017Current
Mukesh Jain Country flag representing In Director 01-Apr-2000Current

Financial Performance of Bearing Traders (India).

Bearing Traders (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.88% increase. The company also saw a substantial improvement in profitability, with a 95.52% increase in profit. The company's net worth Soared by an impressive increase of 52.89%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.88%
Revenue from Operations
23.85%
Total Assets
11.63%
Profit or Loss
95.52%
Net Worth
52.89%
EBITDA
50.86%

What is the Ownership and Shareholding Structure of Bearing Traders (India)?

In 2023, Bearing Traders (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹376.26 M

Satisfied Charges

₹40.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 37.63 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2024Hdfc Bank Limited₹2.09 MOpen
24 Jan 2024Hdfc Bank Limited₹4.30 MOpen
09 Feb 2017Hdfc Bank Limited₹18.99 CrOpen
27 Jan 2017Hdfc Bank Limited₹18.00 CrOpen
05 Feb 1998Indian Overseas Bank₹4.00 CrSatisfied

How Many Employees Work at Bearing Traders (India)?

Unlock and access historical data on people associated with Bearing Traders (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bearing Traders (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bearing Traders (India)'s trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bearing Traders (India)

Recent activity within the organization

  • Annual General Meeting

    Bearing Traders (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 189.87 M registered on 09 Feb 2017 with Charge ID 100104300 was modified on 18 Jun 2024.

    18 Jun 2024

  • Balance Sheet

    Bearing Traders (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 180.00 M registered on 27 Jan 2017 with Charge ID 100088803 was modified on 22 Feb 2024.

    22 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.09 M with Charge ID 100894485 was registered on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.30 M with Charge ID 100892143 was registered on 24 Jan 2024.

    24 Jan 2024

Frequently asked questions

  • Bearing Traders (India) Private Limited was incorporated on 21 Apr 1997.

  • The authorized share capital of Bearing Traders (India) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 5 directors are associated with Bearing Traders (India) Private Limited.

    • Manish Jain
    • Prem Lata Jain
    • Parul Jain
    • Reena Jain
    • Mukesh Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bearing Traders (India) Private Limited is 5225 1St Floor Main G.B. Road, Above Icici Bank Shardha Nand Marg India, Delhi, 110006.

  • The corporate identification number (CIN) of Bearing Traders (India) Private Limited is U99999DL1997PTC086774 and the company number is 086774 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bearing Traders (India) Private Limited is https://www.bearingtradersindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Bearing Traders (India) Private Limited has risen by 23.88%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Bearing Traders (India) Private Limited has experienced an upsurge of 52.89%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Bearing Traders (India) Private Limited amount to ₹ 37.63 Cr.

  • The most recent Balance Sheet for Bearing Traders (India) Private Limited was filed with the ROC on 31 Mar 2024.